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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: dennis michael patterson who wrote (7491)5/15/2001 7:26:51 PM
From: Jack of All Trades  Read Replies (1) | Respond to of 52237
 
<More analysis on these tomorrow. >

He calls that analysis?????????????



To: dennis michael patterson who wrote (7491)5/16/2001 12:44:54 PM
From: Lee Lichterman III  Read Replies (3) | Respond to of 52237
 
Oh, there you go again trying to think logical. Haven't you learned by now that 50% drops in earnings and revenues means to pay at least a 100 PE ratio for things? If you say you your earnings will drop so much that you will be lucky to break even, then you get an extra 25 PE added on as a bonus. Also if the Bonds are pricing in a total meltdown due to inflation and credit risk, then you don't even look at valuations and just bid your whole margin account on the first symbol you accidently type into the keyboard. If it loses more money than the stock price you get extra bonus points also. <gggg>

As you can tell from my post, I am dumbfounded.

Quote.com is down so I am going to bed. I put on a straddle as I said on our site a few days ago so I will just let it ride. If they want to get crazy, more power to them. I just hope they really really run it up hard then right after I cash out that side of the spread, it can crash down even harder. <g>

Good Luck,

Lee